KPMG: one in five UK businesses in financial stress
One in five UK businesses are financially stressed, with more than 1,000 companies in situations of acute distress, according to new research from KPMG.
Consumer businesses must look beyond mere points and rewards to attract and maintain customer loyalty, says KPMG
British consumers pay more attention to product quality and consistency, value for money and pricing, and customer experience, than they do mere points and rewards when determining their loyalty, according to new research by KPMG.
Retail staff vacancies fall sharply in July, KPMG and REC report
The Report on Jobs, published today by KPMG and the REC, indicated falling demand for both permanent and temporary retail staff in July.
KPMG: growth among consumer goods companies continues to slow
Organic growth for consumer packaged goods (CPG) businesses is slowing, according to the latest analysis by KPMG in the UK. Perhaps not surprising given that in a separate KPMG survey of senior consumer-focussed executives globally, many said that they were
House of Fraser announces CVA proposal and plans to close half its stores
Commenting on the company voluntary arrangement (CVA) proposals filed with the Court of Session in Edinburgh on Wednesday 6 June and announced by House of Fraser today, Will Wright, restructuring partner at KPMG and a proposed supervisor of the CVAs,
Consumer businesses need to balance growth with sustainable consumer finance
Commenting on the FCA’s proposed measures to support consumers by making credit costs more manageable, Linda Ellett, UK head of consumer markets at KPMG, said:
KPMG appoints Linda Ellett as UK head of consumer markets
KPMG today announces the appointment of Linda Ellett as the firm’s new UK head of consumer markets. As consumer businesses grapple with ever-changing consumer demand; understanding their role in society, as well as the impact of rapid-technological change, KPMG has
Casual dining burger brand, Byron, announces CVA proposal
Commenting on the company voluntary arrangement (CVA) proposal on the announcement by Byron Hamburgers, Will Wright, restructuring partner at KPMG and proposed 'supervisor' of the CVA, said: “Over the last 10 years, Byron has grown to become a stand-out name within
Growth slowdown hits consumer goods companies, KPMG Barometer shows
Growth is becoming increasingly difficult for consumer packaged goods (CPG) companies, those that keep it simple stand the best chance of bucking the trend according to the latest Organic Growth Barometer from KPMG UK. KPMG’s 2017 Barometer found that the
Warmer weather set to fuel fashion, BBQs and DIY at Easter, says KPMG
Warmer weather is poised to fuel fashion, barbecue foods and DIY sales, according to Paul Martin, UK head of retail.
UK consumers refine their palate in favour of specialty gin and flavoured ciders, ONS basket of goods shows
Paul Martin, UK head of retail at KPMG, comments on changes announced to the basket of goods and services used by the Office for National Statistics (ONS) to calculate consumer price inflation
Older generations are spending the most online, KPMG global reports finds
KPMG’s global online consumer report, which analyses the online shopping preferences and behaviours of more than 18,000 consumers in 51 countries, has revealed that Baby Boomers (born between 1946 and 1965) are the generation that spend the most online while
Black Friday cannibalises traditional Christmas shopping habits, says KPMG
Ahead of Black Friday 2016, KPMG highlights the impact the discount extravaganza is having on the traditional Christmas shopping period in the UK, with the sales typically noted in December now seemingly being cannibalised by the purchases being made in
China’s Singles’ Day 2016 could see sales exceed $20bn, reports KPMG
KPMG UK believes that sales on Singles’ Day this year could exceed $20bn. The uptick is likely to be driven in part by Hong Kong and Taiwan adopting the event for the first time, as well as purchases made by
KPMG appoints Paul Martin as UK head of retail
KPMG announces the appointment of Paul Martin as UK head of retail with effect from 1 October 2016. Martin will succeed David McCorquodale who has led KPMG’s retail practice in the UK since November 2012 and will be retiring at
Introduction of sugar tax is “heavy handed” and will increase costs, says KMPG’s UK head of retail
KPMG's UK head of retail, David McCorquodale, has warned the chancellor's plans to introduce a new soft drinks tax to encourage companies to reduce the amount of sugar in the drinks they produce will increase retail costs and is
Retail sales enjoy healthy growth in January, latest BRC-KPMG Retail Sales Monitor reveals
UK retail sales increased by 0.2%, on a like-for-like basis from January 2014, when they had increased 3.9% on the preceding year, according to the latest BRC-KPMG Retail Sales Monitor. On a total basis, sales were up 1.6%, against a
Digital is top priority for over half of consumer goods firms but one third lack know-how, survey reveals
The Consumer Goods Forum and KPMG International have released the findings of their annual Global Top of Mind Survey. The survey, which polled nearly 500 C-suite and senior executives globally, reveals how important the digital revolution will be over the next 12 months
ACS calls for urgent business impact assessment on tobacco plain packs
ACS is calling on Government to undertake an urgent full assessment of wider impact of standardised packaging on businesses, following the statement by Public Health Minister, Jane Ellison, that they are publishing regulations to introduce plain packaging in the UK. ACS has already
Last minute rush ensures respectable Christmas trading, BRC-KPMG Retail Sales Monitor finds
UK retail sales in December 2013 were up 0.4% on a like-for-like basis from December 2012, when they had increased 0.3% on the preceding year, according to the latest BRC-KPMG Retail Sales Monitor. On a total basis, sales were up
Mobile payments threatened by diverse offerings, says platform provider
Mobile payments platform provider paythru claims the numerous solutions risk confusing consumers and hindering wide-scale adoption in the UK. Its warning folllows KPMG research, which claims mobile payments are set to reach £591bn by 2015; and the recent development of
